-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …, while achieving regional redistribution, seem to impede output growth and promote an “immiserising convergence”: output …

convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …

-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …

, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …

and simulate energy intensity based on a conditional convergence approach, and show how based on the results the long …

estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …